Indian Cloud Market to Rise by 2018

Cloud computing has taken the IT world by storm with its cogent attributes, including significant cost-savings, less IT complexities, and increased flexibility in managing IT architecture and responding to dynamic market demands. Unlike several other technologies, the sophisticated cloud technology has emerged in response to user requirements to speed and scale down cost, maximize the agility with which product and services are deployed. In fact, many industry experts believe - the way Cloud is energizing and overhauling the roots of corporate world, it will dispel the conventional techniques practiced by businesses soon in the approaching future.

A recent report published by a research and advisory firm Gartner estimates that Indian market for cloud-based services will alone rise by a third to $557 million this year, and by 2018 it will be more than triple.

New Eye Approach: From experts, technology and business perspective, cloud computing has provided new lenses to the companies to design, develop, deploy, scale, pay and manage the applications. As a result, the adoption rate of cloud computing is at soaring rate. According to a report, published in TOI, the number of Indian SMBs adopting cloud computing is expected to rise at a (CAGR) of 20 percent between 2012 and 2016. Another report by the Gartner states that Indian market for public cloud services is on pace to grow 32.2 per cent in 2014 & by 2018, the market would grow to $1.7 billion. The report also elucidated that in India, SMBs will play a pivotal role in the adoption of SMAC, opening new revenue streams and better customer experience.

Shifting gears to the cloud comprises significant back-end benefits, allowing businesses to decide which application is best-suited to run a particular workload.

Big companies including BSNL, Tata Communications are getting partnered with cloud providers while many are ready with a full-fledged migration strategy. The scenario, itself spells-out the crystal clear picture of land of market opportunities available and the future of cloud computing on the Indian soil.